XRP ETF Cumulative Inflows Top $1.5B

US fund data show XRP (XRP), the payments-focused altcoin, reached a new all-time-high for ETF demand, with US-listed spot funds recording $1.5 billion in cumulative net inflows. The milestone, however, has collided with a weaker price tape: total net assets across the seven products stood at $988.7 million, equal to 1.48% of XRP’s market capitalization. The difference of $511 million between lifetime inflows and current assets reflects valuation losses rather than investor redemptions, because fund holdings have continued to increase even as the token declined. At the time of the ETF snapshot, XRP was changing hands near $1.07, about 71% below its July 2025 high of $3.66 and down more than 40% year-to-date in a bear market. Monthly creation activity has cooled sharply after an early surge: net inflows slowed from $131 million in May to $59 million in June and about $12.3 million in July, a contraction of more than 90% over two months. Six July sessions showed no net creations, and July 29 recorded only $584,710 of inflows into a Franklin Templeton product, while total fund turnover was about $10.35 million. Bitwise leads the complex with roughly $500 million of cumulative inflows, followed by Canary Capital at $467 million and Franklin Templeton at $422.4 million; the top three issuers account for about 93% of the category’s lifetime creations. The funds collectively hold about 978.9 million XRP, less than 1% of the 100 billion maximum supply. Base-case modeling assigns a 45% probability to cumulative inflows reaching only $1.55 billion by the fourth quarter, while a legislative breakthrough could lift monthly creations above $100 million and push cumulative inflows toward $2.2 billion. The next major catalyst is the CLARITY Act, which would give XRP a statutory commodity framework. Senate action was delayed on July 27, and supporters may need seven to nine additional Democratic votes before the August 7 recess, making the regulatory path a central variable for the next leg of XRP ETF demand.

Ripple’s stablecoin unit is expanding the reach of RLUSD, a dollar reserve token that operates on both Ethereum and the XRP Ledger, and the latest supply movements show liquidity being redistributed rather than simply increased. On-chain data recorded 15 million newly minted RLUSD on Ethereum over the past day, following a 10 million token issuance on July 29 and a separate 15 million RLUSD burn on the XRP Ledger. Over the past seven days, Ethereum supply rose by 36.5 million issued tokens against 25.3 million burned, lifting the network’s circulating RLUSD value to more than $712 million. The XRP Ledger remains the larger venue with about $873 million in circulation, yet its seven-day balance was marginally contractionary because Ripple issued 65.4 million tokens and burned 68.7 million. The pattern indicates treasury-style rebalancing between chains, moving inventory toward venues where exchange demand or settlement usage is strongest. Korean exchanges are an important part of that demand channel. Exchange notices show Upbit, South Korea’s largest crypto exchange by volume, listed RLUSD on July 28 and enabled deposits and withdrawals through the XRP Ledger, alongside markets against the won, Bitcoin and Tether. Bithumb followed on July 29 with its own XRP Ledger integration and an RLUSD/KRW pair. The dual listings deepen won-denominated access for Korean retail users and give RLUSD more visible order-book liquidity in Asia’s most active retail market. Unlike experimental algorithmic stablecoins, RLUSD is presented as a reserve-backed payment asset, and Ripple is pushing it into compliance-focused rails. The company’s latest partnership with Notabene, a transaction-infrastructure provider that says it processes more than $2 trillion of annual value, is intended to embed RLUSD in Notabene Flow and evaluate inclusion in Ripple’s institutional payment network. For the broader altcoin ecosystem, the rollout ties XRP Ledger activity to a regulated payments narrative, giving the network a stablecoin usage case that is separate from pure token speculation.

New disclosures add nuance to the demand picture. Goldman Sachs has allocated $154 million across four XRP ETF products — Bitwise, Franklin Templeton, Grayscale and 21Shares — marking one of the largest confirmed institutional positions in the category. Concentration remains extreme, however: 21Shares' TOXR is the only fund with cumulative net outflows, and on July's strongest session only Bitwise and Franklin Templeton attracted capital, a combined $6.78 million while five products saw zero movement. Supply-side pressure compounds the challenge; Ripple's escrow mechanism released roughly 300 million XRP in July, worth about $319 million, after re-locking 600 to 800 million of the 1 billion tokens unlocked monthly. Analysts note XRP must reclaim $1.20–$1.25 before ETF accumulation becomes a sustained upward force, while a break below $1 could trigger the first serious redemption wave from holders sitting on average unrealized losses of 33%.

(as of 01:25 UTC) COINOTAG's proprietary 42-indicator composite S/R scoring engine shows XRP trading below immediate supply in a confirmed downtrend. The $1.0708 resistance scores 83/100, driven by Flip S→R, Pivot Point, Fibo 0.114 and MACD Cross confluence, while the $1.1273 ceiling scores 76/100 from Flip S→R, Fibo 0.214, EMA 50 and Ichimoku Senkou A. Support at $1.0556 rates 53/100, anchored by S1, BB Lower, Donchian Lower and Swing Low. Derivatives positioning remains crowded long despite negative funding: the perp rate is −0.0026%, open interest is $609.6 million, and the long/short account ratio is 3.26, with 76.5% long. Fear and Greed reads 27/100, and Bitcoin holds 69.5% of COINOTAG's tracked market. A daily close above $1.1273 would improve structure; losing $1.0556 would expose the $1.0297 level and confirm the bearish MACD signal.